Sentences with phrase «largest gold miners»

If correct, it would mean an increase of nearly 11 per cent on Tuesday's record price of $ 1,307 an ounce, triggering big profits for the world's largest gold miners, such as Barrick Gold, Newmont Mining and AngloGold Ashanti.

For many of the largest gold miners out there, the fundamental story for their businesses is looking better all the time.

For more than a year, Chuck Jeannes, CEO of Vancouver - based Goldcorp — the world's largest gold miner by market value — has posited his «peak gold supply» theory.

April 23 (Reuters)- Barrick Gold Corp, the world's largest gold miner by output, reported a 5 percent rise in first - quarter adjusted profit on Monday, primarily reflecting higher gold prices and lower depreciation.

His biggest career move began in 1981 when he formed Barrick Investments, which would eventually become Barrick Gold (stock symbol ABX) the largest gold miner in the world.

Even large gold miners are actively planning to shrink output, to focus on profitability.

In the third quarter, the second largest gold miner after China, Australian output increased 3 percent or 2 tonnes (64,301 troy ounces) to 75 tonnes over the same period from the year prior.

Beginning in 1983 with modest investments in two small mines in Ontario and Québec, he and his partners, including Bob Smith, the legendary mining engineer, grew Barrick into the world's largest gold miner in less than a quarter century.

Not exact matches

The largest shareholder in Metals X has sold a big line of stock and foreshadowed further sales, as the diversified miner announced plans to invest $ 15 million developing its Fortnum gold project.

The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.

Gold and nickel miner Independence Group has announced a $ 280 million capital raising to bolster its balance sheet, making it the largest raising by a Western Australian company for 2016.

Gregory Bittar is linked to 5 organisations which are included in 4 lists - Gold Miners, Public Companies - Resources, Contractors and Private Companies - Large.

The largest ETF is iShares MSCI Global Gold Miners ETF (RING) by iShares with $ 297.87 M in assets.

When priced in the local currencies of the U.S., Canada, South Africa or Australia — four of the largest gold - producing countries — bullion is up, which has boosted miners» profits.

In what is described as South Africa's largest class - action settlement, mining companies have agreed to resolve a lawsuit with gold miners who contracted lung diseases.

Fiat currency used to buy precious metals will move from personal and business bank accounts, to gold dealer accounts, to gold wholesaler accounts; and then to a variety of sovereign mint, gold precious metals refiner, gold miner and other gold supplier accounts, a large percentage of which are international.

The market's largest producers, including Newcrest Mining, Evolution Mining and Northern Star Resources, have also benefited from recognition that the recent rise in the US - dollar gold price, a weak local currency and lower costs across the sector have created significant positive tailwinds for Australian gold miners.

27 Apr 2018 - A meeting with Vitaly Nesis, CEO of Polymetal - Russia's second largest precious metals miner and one of the key participants in the growth of Russian and Kazakh gold production was instrumental in learning more about the company - and also Nesis» very...

This volatility is the result of last week's announcement that the composition of the MVIS Global Junior Gold Miners Index (MVGDXJTR) will change to allow for the inclusion of larger...

In recent decades, however, illegal loggers, irresponsible farmers, and gold miners have begun to raze large swaths of once - pristine rainforest in pursuit of short - term profit.

Stored in museum collections are more than 100,000 bones of bears and other large mammals that gold miners washed from the Alaskan permafrost — an ideal freezer for preserving DNA.

If gold and silver rise significantly, then highly leveraged — operationally and financially — leveraged companies will vastly outperform higher quality large cap miners like Agnico - Eagle (AEM) for example.

As a temporary fix, it had to buy shares of VanEck Vectors Gold Miners ETF, a large - cap gold miner ETF, to avoid becoming too large an owner of small - cap minGold Miners ETF, a large - cap gold miner ETF, to avoid becoming too large an owner of small - cap mMiners ETF, a large - cap gold miner ETF, to avoid becoming too large an owner of small - cap mingold miner ETF, to avoid becoming too large an owner of small - cap minersminers.

Although fees have risen quite dramatically from where they were a year or two ago, it's unclear how much effect this has on the digital gold use case, which some believe provides the largest amount of support for the bitcoin price — and therefore keeps miners happy, too.